The Latest Bitcoin News

February, 2019

Professional services company and Big Four auditor KPMG announced it has partnered with enterprise blockchain company Guardtime to offer blockchain-enabled business services to clients. This news comes via a press release published by KPMG yesterday. This is not KPMG’s first foray into the realm of blockchain. On KPMG’s website, they note they have “dedicated blockchain specialists across KPMG’s core lines …

The Galaxy S10, the latest smartphone released by leading cell phone maker, Samsung, will include storage for private cryptocurrency keys. This news comes from a press release sent out by Samsung earlier today. Samsung announced the launch of the Galaxy S10 in Seoul, London, and San Francisco today. The phone will come complete with its Samsung Knox function, which keeps …

Tesla CEO Elon Musk described Bitcoin’s structure as “quite brilliant” and said that digital currency is “a far better way to transfer value than pieces of paper.” Musk made these comments during an interview on advisory company ARK Invest’s podcast, which was released today. When asked whether he thought Bitcoin would become the only currency native to the internet, Musk …

If you ask consulting firm Cambridge Associates, cryptocurrency is a sound long term investment. This sentiment comes from a Bloomberg report published earlier today. Specializing in pension and endowment consulting, Boston-based Cambridge Associates advises institutions that manage over $300 billion. In a research note published today, analysts at the company wrote: “Despite the challenges, we believe that it is …

A blockchain-based waste permit portal will be launched in Sharjah, United Arab Emirates (UAE). This news comes by way of a report by Emirates News Agency (WAM), the country’s official news agency, earlier today. The portal will be developed as a joint effort by recycling and waste management company Bee’ah and the Hamriyah Free Zone Authority (HFZA), the free trade …

Israel-based cryptocurrency brokerage Coinmama has suffered a major data breach that affected 450,000 users. The company disclosed this information in a company announcement yesterday. The breach is part of a massive hack that spanned 24 companies and 747 million records, which according to The Register, who originally broke the story of the hack, were listed for sale on dark web …

A new survey of institutional investors conducted by the Global Blockchain Business Council (GBBC) and shared via press release yesterday revealed 19% of those surveyed believe cryptoassets will be invested and traded in by the year 2021. Conducted in December and January by PollRight, a market research company, the survey seem to reveal a greater willingness on the part of …

American stock exchange Nasdaq plans to launch two new indices tracking crypto prices on February 25th. The company announced the news on its website yesterday. The indices that will be launched are the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX). Both will provide real-time price updates every thirty seconds for clients that use Nasdaq’s Global Index Data Service …

New York-based blockchain intelligence company Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel. The news was confirmed in a blog post on Chainalysis’ site earlier today. According to the post, the round was led by Accel “with participation from existing investors,” which could include Benchmark, Techstars, and FundersClub. Generally, it is …

Earlier today, Hong Kong-based crypto exchange Bitfinex unexpectedly went offline for two hours amid major market movement. The exchange notified users of the development in a confusing set of tweets: The first, sent at 3:05 AM EST, alerted users that the exchange had temporarily gone offline: “We are aware Bitfinex is currently not accessible to some users, our admins are …

According to a press release published yesterday, the Wall Street Blockchain Alliance (WSBA) has joined blockchain consortium R3 in an effort to develop solutions on Corda, which is a decentralized platform built by R3 on the Ethereum blockchain for use by financial institutions. Said CEO of the WSBA Ron Quaranta: “We are pleased to partner with R3 and introduce our …

According to a recent report published by financial website Investing.com, Amazon shoppers would be open to purchasing a larger selection of products on the platform, including cryptocurrency. The report surveyed more than 1,000 Amazon shoppers in an effort to shed light on the level of trust they place in the company. Notably, the survey asked which Amazon-branded products – a …

Facebook has reportedly acquired blockchain startup Chainspace in what is its first blockchain-related acquisition. The news was first reported by Cheddar earlier today. According to sources, the deal is primarily an “acquihire” — an acquisition whose main purpose is to bring on the staff of the acquired company, as opposed to their technology, or their core business. Indeed, four of …

With the blockchain sector growing at an alarming rate, a growing number of industries have adopted it. This is why the blockchain industry is riddled with several blockchain projects offering solutions in a multitude of areas. However, the majority of active users on the blockchain are still crypto speculators even though there exist numerous blockchain solutions in several sectors such …